Microsoft MB6-871 Online Practice Questions and Exam Preparation

Microsoft MB6-871 Online Questions & Answers

• Question 21:

  In Microsoft Dynamics AX 2012, what is a reason code?

  A. a system-generated code used on Audit trail reports
  B. a system-generated code used to track transaction postings
  C. a user-defined field used to post transactions
  D. a user-defined field used to provide background data about a transaction
  D. a user-defined field used to provide background data about a transaction

• Question 22:

  In Microsoft Dynamics AX 2012 which journal type should you use in the Journal name form if budgets for fixed assets are required?

  A. Daily
  B. Periodic
  C. Post fixed asset
  D. Fixed asset budget
  D. Fixed asset budget

• Question 23:

  In Microsoft Dynamics AX 2012, which of the following is a requirement for using centralized payments?

  A. The currency codes in both companies must be the same.
  B. Companies must be connected in an organizational hierarchy.
  C. The posting profile IDs for each of the companies must be unique.
  D. The method of payment for each of the companies must be unique.
  B. Companies must be connected in an organizational hierarchy.

• Question 24:

  In Microsoft Dynamics AX 2012, which of the following credit limit tolerances can be set up in Cash and Bank Management? (Choose all that apply.)

  A. Confirm the system prompts the user to confirm
  B. Error - the system generates an error notification
  C. Validate the system prompts the user to validate
  D. Warning - the system generates a warning notification
  B. Error - the system generates an error notification
  D. Warning - the system generates a warning notification

• Question 25:

  In Microsoft Dynamics AX 2012, where do you enter a budget for a fixed asset?

  A. In the fixed asset journal.
  B. In the Fixed asset group form.
  C. In the Fixed asset parameters form.
  D. In the fixed asset budget journal and directly on each fixed asset.
  D. In the fixed asset budget journal and directly on each fixed asset.

• Question 26:

  What types of accounts payable invoice matching can you use in Microsoft Dynamics AX 2012? (Choose all that apply.)

  A. three-way matching
  B. four-way matching
  C. charges matching
  D. sales order matching
  A. three-way matching
  C. charges matching

• Question 27:

  You need to process exchange rate adjustments on eligible main accounts. In Microsoft Dynamics AX 2012, what should you do?

  A. Use the periodic General Ledger function Foreign currency revaluation.
  B. Use the periodic Accounts Payable function Foreign currency revaluation.
  C. Use the periodic Accounts Receivable function Foreign currency revaluation.
  D. Use the periodic General Ledger function Ledger accounting currency conversion.
  A. Use the periodic General Ledger function Foreign currency revaluation.

• Question 28:

  You need to record fixed asset transactions by using journals. In Microsoft Dynamics AX 2012, what should you do?

  A. Create transaction text with the type Fixed asset Posting, Ledger.
  B. In the General Ledger, create a journal for a Depreciation book.
  C. In the General Ledger, create a journal name with the journal type Post fixed assets.
  D. In the General Ledger, create a journal name with the journal type Fixed assets budget.
  C. In the General Ledger, create a journal name with the journal type Post fixed assets.

• Question 29:

  In Microsoft Dynamics AX 2012, which of the following types of information are required to create a journal entry line in the General Ledger? (Choose all that apply.)

  A. Account
  B. Account name
  C. Accounting date
  D. Debit or Credit amount
  E. Dimension
  F. Offset account
  G. Transaction text
  A. Account
  C. Accounting date
  D. Debit or Credit amount
  F. Offset account

• Question 30:

  In Microsoft Dynamics AX 2012, which of the following can you analyze by using the Dimension statement? (Choose all that apply.)

  A. budget transactions
  B. cash flow forecast transactions
  C. customer balances
  D. General Ledger transactions
  E. vendor balances
  A. budget transactions
  B. cash flow forecast transactions
  D. General Ledger transactions